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  terminated a long-term contract for one of  ’s WTIVs, which had been due to work on the 2.4GW   project in the   from ...
15/11/2025

terminated a long-term contract for one of ’s WTIVs, which had been due to work on the 2.4GW project in the from the first quarter of 2027 through to the end of 2030.

Norwegian's   Equinor has closed the sale of  , located offshore Brazil for USD 3.5 Billion. Following the sale, PRIO ha...
15/11/2025

Norwegian's Equinor has closed the sale of , located offshore Brazil for USD 3.5 Billion. Following the sale, PRIO has assumed full operatorship of the field.

The Peregrino field, located in east of , has been a cornerstone of Equinor’s international portfolio since production began in 2011. Over the years, the field has produced approximately 300 million barrels of oil and has been a significant contributor to Equinor’s growth in .

Photo above shows the , Brazil
📸: Rodrigo Abreu de Oliveira Santos / Roberto Antunes Kattan - ©Equinor

Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO BAOBAB IVOIRIEN, by   ...
14/04/2025

Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO BAOBAB IVOIRIEN, by Pte Ltd.

Once refurbished, the vessel will operate for 15 more years, continuing to support energy production in West Africa.

Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading ( ) vessel will involve extensive structural enhancements, including 1,000 tonnes of steel renewal, 250,000 square meters of tank coating, and 11,500 meters of new piping.

The plays a crucial role in ’s offshore production, with a processing capacity of 70,000 barrels of oil per day (bpd) and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel, currently operating at the , 25 km off the coast of Côte d'Ivoire, will relocate to Drydocks World’s Dubai facility for its eight-month refurbishment.

Originally converted in 2003 from an Ultra Large Crude Carrier (ULCC), FPSO BAOBAB IVOIRIEN was designed with expandable topsides to maximize offshore production capacity. FPSOs like this are essential in deepwater operations, enabling and processing at sea before transferring resources to tankers or pipelines.

  has departed COSCO Shanghai Yard early this month. The module's integration and commissioning in the construction yard...
13/04/2025

has departed COSCO Shanghai Yard early this month. The module's integration and commissioning in the construction yard took just 24 months, setting a new benchmark in terms of vessel delivery.

The is bound for , offshore 🇦🇴

𝐍𝐨𝐫𝐰𝐞𝐠𝐢𝐚𝐧 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬   𝐚𝐧𝐝 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 have partnered to develop a   𝐜𝐡𝐚𝐢𝐧 from   to Europe, aiming to facilitate the  ...
14/03/2025

𝐍𝐨𝐫𝐰𝐞𝐠𝐢𝐚𝐧 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐧𝐝 𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐦𝐨𝐧𝐢𝐚 have partnered to develop a 𝐜𝐡𝐚𝐢𝐧 from to Europe, aiming to facilitate the to industrial users. The collaboration will leverage Norway’s renewable energy resources to produce green ammonia, a key carrier for efficiently transporting hydrogen over long distances.

By combining ’s production capabilities with 𝐇ö𝐞𝐠𝐡 𝐄𝐯𝐢’s expertise in marine infrastructure, the partnership seeks to establish scalable infrastructure to support the growing market for clean hydrogen. 𝐇ö𝐞𝐠𝐡 𝐄𝐯𝐢 is also advancing floating import terminals for hydrogen, including a collaboration with the French port of Port-La Nouvelle, while North Ammonia is developing production facility at Fjord Base, strengthening its role as maritime hub and contributing to local job creation.

Following the start of the  , Germany had to find sufficient alternative supplies of natural gas and establish the infra...
27/02/2025

Following the start of the , Germany had to find sufficient alternative supplies of natural gas and establish the infrastructure to access these alternative supplies.

In June 2022, was awarded an EPC contract to deliver one of ’s five new , to be supplied by .

Challenges in the construction of a newly planned jetty for the triggered an early switch to the plan, which was to modify the existing oil and import berth at .

The solution was to take a very different approach to the ex*****on sequence usually seen in other large projects, and instead involved working out of sequence and using backward engineering based on the accessibility of crucial components.

A 𝐧𝐞𝐰 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐩𝐫𝐨𝐣𝐞𝐜𝐭, 𝐍𝐀𝐕𝐇𝐘𝐒, led by 𝐀𝐫𝐢𝐚𝐧𝐞𝐆𝐫𝐨𝐮𝐩, aims to develop a liquid hydrogen (LH2)-fueled 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐯𝐞𝐬...
23/02/2025

A 𝐧𝐞𝐰 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐩𝐫𝐨𝐣𝐞𝐜𝐭, 𝐍𝐀𝐕𝐇𝐘𝐒, led by 𝐀𝐫𝐢𝐚𝐧𝐞𝐆𝐫𝐨𝐮𝐩, aims to develop a liquid hydrogen (LH2)-fueled 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐯𝐞𝐬𝐬𝐞𝐥 ( #𝐒𝐎𝐕) for , marking a major step in transport. The consortium, comprising 11 partners from industries including space, shipbuilding, and energy, will focus on developing and testing an advanced and fuel system over the next three years. 𝐃𝐞𝐬𝐢𝐠𝐧𝐞𝐝 𝐛𝐲 𝐕𝐀𝐑𝐃 𝐟𝐨𝐫 , the vessel will undergo operational validation and seek approval from 𝐁𝐮𝐫𝐞𝐚𝐮 𝐕𝐞𝐫𝐢𝐭𝐚𝐬. Supported by the Clean Hydrogen Partnership and co-funded by the European Union, #𝐍𝐀𝐕𝐇𝐘𝐒 seeks to leverage liquid hydrogen’s energy efficiency while overcoming the technical challenges of ultra-low-temperature storage. The initiative aligns with Europe’s push for sustainable shipping solutions, with ’s expertise in playing a key role in its success.

𝐓𝐡𝐞   has reported a 52% surge in demand for 𝐥𝐢𝐪𝐮𝐞𝐟𝐢𝐞𝐝 𝐧𝐚𝐭𝐮𝐫𝐚𝐥 𝐠𝐚𝐬 (𝐋𝐍𝐆) as bunker fuel in 2024, reaching 0.94 million c...
14/02/2025

𝐓𝐡𝐞 has reported a 52% surge in demand for 𝐥𝐢𝐪𝐮𝐞𝐟𝐢𝐞𝐝 𝐧𝐚𝐭𝐮𝐫𝐚𝐥 𝐠𝐚𝐬 (𝐋𝐍𝐆) as bunker fuel in 2024, reaching 0.94 million cubic meters compared to 0.62 million cbm in 2023. This increase marks a recovery from the previous decline due to inflated gas prices. Meanwhile, total maritime fuel bunkering in the port saw a slight drop to 9.8 million tonnes from 9.9 million tonnes in 2023.Notably, bio-methanol demand skyrocketed to nearly 4,000 tonnes from just 750 tonnes the previous year. However, demand showed mixed trends, with an initial rise in early 2024 followed by a sharp decline, attributed to increased Asian supply after the EU imposed anti-dumping duties on 𝐂𝐡𝐢𝐧𝐞𝐬𝐞 𝐛𝐢𝐨𝐟𝐮𝐞𝐥𝐬. Despite market shifts, bio-blended fuel consumption remained steady at 750,000 tonnes, reflecting the evolving landscape of sustainable alternatives.


  𝐢𝐧 𝐆𝐞𝐨𝐫𝐠𝐢𝐚,  #𝐔𝐒𝐀, has welcomed 𝐟𝐨𝐮𝐫 𝐧𝐞𝐰 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐬𝐡𝐢𝐩-𝐭𝐨-𝐬𝐡𝐨𝐫𝐞 𝐜𝐫𝐚𝐧𝐞𝐬, expanding 𝐎𝐜𝐞𝐚𝐧 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐥’s fleet to 8  . Desig...
06/02/2025

𝐢𝐧 𝐆𝐞𝐨𝐫𝐠𝐢𝐚, #𝐔𝐒𝐀, has welcomed 𝐟𝐨𝐮𝐫 𝐧𝐞𝐰 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐬𝐡𝐢𝐩-𝐭𝐨-𝐬𝐡𝐨𝐫𝐞 𝐜𝐫𝐚𝐧𝐞𝐬, expanding 𝐎𝐜𝐞𝐚𝐧 𝐓𝐞𝐫𝐦𝐢𝐧𝐚𝐥’s fleet to 8 .

Designed by Finland-based ,the additions will enhance the terminal’s capacity to service two vessels simultaneously once fully commissioned and berth renovations are complete. The upgrade, set for completion in 2028, will allow to accommodate the largest vessels on the U.S. East Coast, according to 𝐄𝐝 𝐌𝐜𝐂𝐚𝐫𝐭𝐡𝐲, 𝐂𝐡𝐢𝐞𝐟 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐎𝐟𝐟𝐢𝐜𝐞𝐫 𝐨𝐟 .

The terminal, currently undergoing renovations, will ultimately offer a 2 million TEU annual capacity, with berth upgrades scheduled for completion in 2025 and 2026. (𝐆𝐏𝐀) plans to invest $4.2 billion over the next decade to expand cargo handling capabilities. In related developments, the port marked a milestone in February 2024 with its first-ever , as , 𝐚 , loaded nearly 1,000 MT of methanol.


𝐍𝐞𝐰 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐀𝐢𝐦 𝐭𝐨 𝐑𝐞𝐝𝐮𝐜𝐞   𝐢𝐧 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠Recent feasibility studies have highlighted promising new technologies to curb ...
23/01/2025

𝐍𝐞𝐰 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐀𝐢𝐦 𝐭𝐨 𝐑𝐞𝐝𝐮𝐜𝐞 𝐢𝐧 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠

Recent feasibility studies have highlighted promising new technologies to curb methane emissions in the maritime industry. Conducted under the 𝐌𝐞𝐭𝐡𝐚𝐧𝐞 𝐀𝐛𝐚𝐭𝐞𝐦𝐞𝐧𝐭 𝐢𝐧 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐈𝐧𝐢𝐭𝐢𝐚𝐭𝐢𝐯𝐞 (𝐌𝐀𝐌𝐈𝐈) by #𝐋𝐥𝐨𝐲𝐝’𝐬 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫’s Safetytech Accelerator, in collaboration with , , , and , these studies aim to advance methane detection and mitigation.

Three companies— #𝐗𝐩𝐥𝐨𝐫𝐨𝐛𝐨𝐭, #𝐒𝐨𝐫𝐚𝐦𝐚, 𝐚𝐧𝐝 𝐟𝐫𝐚𝐦𝐞𝐫𝐠𝐲—have developed innovative solutions for tracking and capturing fugitive methane emissions from . 𝐗𝐩𝐥𝐨𝐫𝐨𝐛𝐨𝐭’s compliance system demonstrated high accuracy in emission detection, 𝐒𝐨𝐫𝐚𝐦𝐚’s acoustic monitoring technology offers cost-effective tracking solutions, and framergy’s 𝐀𝐘𝐑𝐒𝐎𝐑𝐁 𝐅𝟐𝟓𝟎𝐆𝐈𝐈 material shows potential in methane storage and purification. The next phase involves on-ship trials to validate and optimize these technologies, marking a significant step toward sustainable .

 #𝐃𝐮𝐛𝐚𝐢-𝐛𝐚𝐬𝐞𝐝 𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐥 𝐨𝐩𝐞𝐫𝐚𝐭𝐨𝐫   has made history by issuing the first-ever blue bond in the 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 𝐚𝐧𝐝 𝐍𝐨𝐫𝐭𝐡 𝐀𝐟𝐫𝐢...
14/01/2025

#𝐃𝐮𝐛𝐚𝐢-𝐛𝐚𝐬𝐞𝐝 𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐥 𝐨𝐩𝐞𝐫𝐚𝐭𝐨𝐫 has made history by issuing the first-ever blue bond in the 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 𝐚𝐧𝐝 𝐍𝐨𝐫𝐭𝐡 𝐀𝐟𝐫𝐢𝐜𝐚 ( #𝐌𝐄𝐍𝐀) 𝐫𝐞𝐠𝐢𝐨𝐧.

The $100 million bond, priced at a 5.25% coupon rate and supported by U.S. investment firm T. Rowe Price Associates, will fund environmentally friendly initiatives, including sustainable marine transportation, eco-friendly port infrastructure, and marine ecosystem conservation. With an unprecedentedly low extra interest rate of 0.996% above U.S. Treasury bonds, the five-year bond aligns with 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐢𝐨𝐧 ( #𝐈𝐂𝐌𝐀) 𝐠𝐮𝐢𝐝𝐞𝐥𝐢𝐧𝐞𝐬

This groundbreaking financial instrument supports 𝐃𝐏 𝐖𝐨𝐫𝐥𝐝'𝐬 𝐎𝐜𝐞𝐚𝐧 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐚𝐧𝐝 𝐚𝐥𝐢𝐠𝐧𝐬 𝐰𝐢𝐭𝐡 𝐔𝐍 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐆𝐨𝐚𝐥𝐬 (𝐒𝐃𝐆) 14 and 6, targeting ocean preservation, biodiversity, and clean water initiatives. 𝐒𝐮𝐥𝐭𝐚𝐧 𝐀𝐡𝐦𝐞𝐝 𝐛𝐢𝐧 𝐒𝐮𝐥𝐚𝐲𝐞𝐦, 𝐆𝐫𝐨𝐮𝐩 𝐂𝐡𝐚𝐢𝐫𝐦𝐚𝐧 𝐚𝐧𝐝 𝐂𝐄𝐎, highlighted the company’s commitment to combating marine pollution, conserving coastal biodiversity, and addressing water scarcity.

The blue bond complements 𝐃𝐏 𝐖𝐨𝐫𝐥𝐝's , marking its second venture into sustainable financing after its $1.5 billion Green Sukuk issuance in 2023, which avoided over 177 million kg of CO2 emissions. This issuance solidifies 𝐃𝐏 𝐖𝐨𝐫𝐥𝐝’s leadership in sustainable maritime practices and supports global biodiversity and , including the Paris Climate Agreement and the Kunming-Montreal Global Biodiversity Framework.

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17. 01 OT2 SAIGON ROYAL RESIDENCE 34-35 BẾN VÂN ĐỒN PHƯỜNG 13 QUẬN 4
Ho Chi Minh City
700000

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